| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $220M | $225M | $211M | -2.1% | 4.6% |
| Op. Income | -$387.0K | -$6M | $18M | 93.1% | -102.1% |
| Gross Margin | 39.6% | 39.3% | 42.1% | 0.3pp | -2.5pp |
| Net Margin | -1.2% | -3.2% | 6.0% | 2.0pp | -7.2pp |
| EPS (Diluted) | $-0.05 | $-0.13 | $0.23 | 61.5% | -121.7% |
| Free Cash Flow | -$1M | -$7M | $10M | 83.7% | -111.8% |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $87M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $22M |
| Operating Expenses | $88M |
| Cost & Expenses | $221M |
| OPERATING INCOME | -$387.0K |
| Interest Income | $5.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$155.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $24M |
| EBIT | -$2M |
| EBITDA | $22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$52.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$243M |
| NET CASH FROM INVESTING | -$251M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | -$183.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $214M |
| NET CASH FROM FINANCING | $254M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $320M |
| Inventory | $251M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $709M |
| PP&E (Net) | $199M |
| Goodwill | $942M |
| Intangible Assets | $376M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $59M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $164M |
| Long-Term Debt | $452M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $580M |
| TOTAL LIABILITIES | $744M |
| Common Stock | $556.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $365M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$268.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $527M |
| Net Debt | $421M |
